Investing.com - Embotelladora Andina reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Embotelladora Andina announced earnings per share of 0.2919 on revenue of 739.99M. Analysts polled by Investing.com anticipated EPS of 0.3794 on revenue of 759.22M.
Embotelladora Andina shares are down 8.49% from the beginning of the year and are trading at 9.59 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Embotelladora Andina follows other major Consumer Staples sector earnings this month
Embotelladora Andina's report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of 1.33 on revenue of 19.38B, compared to forecasts EPS of 1.29 on revenue of 18.71B.
Coca-Cola had beat expectations on Monday with first quarter EPS of 0.64 on revenue of 10.49B, compared to forecast for EPS of 0.5792 on revenue of 9.83B.
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